Thompson Street Capital Partners (TSCP), a private equity firm based in St. Louis, announced today that they have acquired nexVortex, a Herndon, Virginia-based provider of managed network SIP trunking services to more than 6,000 customers – bringing the total of BCM One customers to 17,000. Q Advisors, a global TMT investment banking boutique, acted as exclusive financial advisor to nexVortex. Terms of the transaction were not disclosed.
Geoff Bloss, BCM One’s CEO said, “The opportunity to acquire nexVortex (www.nexvortex.com) presented a compelling opportunity for BCM One to grow its industry-leading SIP platform and continue to aggressively expand its managed services footprint. We are excited to continue growing the business Wes Rogers and Fred Fromm founded and developed.”
As part of the acquisition, BCM One expands its market area to include offices in Herndon, Virginia and Grand Rapids, Michigan. These new BCM One offices will be managed by Lita Miller and Mike Nowak – current employees of nexVortex – respectively.
Wes Rogers said of the acquisition “We are pleased to have selected BCM One to partner with in order to support the nexVortex vision. We believe the combination of the businesses will provide a best-in-class solution and support to our customers.”
Fred Fromm added, “The opportunity to work with TSCP and BCM One to accelerate the growth of the nexVortex platform is exciting for us as founders of the business. We are also delighted to have Mike and Lita continuing with the business as employees of BCM One.”
Brian Kornmann of TSCP stated, “We are happy to have completed our fourth acquisition in support of the BCM One platform. With the continued support of the founders and executive team of BCM One, we are thrilled about the future of the BCM platform.”
Founded in 1992, BCM One (www.bcmone.com) is a leading managed solutions provider offering businesses a one-stop shop for integrated technology needs. Now serving more than 17,000 customers worldwide, BCM One offers a variety of solutions supporting businesses’ critical network infrastructure – unified communications, SIP Trunking and UCaaS services, SDWAN, cloud, security and connectivity solutions.